Common use of UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST Clause in Contracts

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Indenture and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 48 contracts

Samples: Indenture (Imh Assets Corp), Servicing Agreement (Imh Assets Corp Impac CMB Trust Series 2005-1), Custodial Agreement (Imh Assets Corp Impac CMB Trust Series 1999-1)

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UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions in this Bond Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, (a) to receive payment of (i) the principal of and interest, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Bond Indenture or (ii) the unpaid principal, if any, of such Bonds on or after the Final Maturity Date therefor and (b) to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 5 contracts

Samples: Bond Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Bond Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Bond Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions provision in this Indenture, the Holder of any Bond shall have the rightright permitted by applicable law, which right is absolute and unconditional, to receive payment of the principal of and interestof, premium, if any, and interest on such Bond on or after the respective dates and as and when such payments are due dates thereof expressed (or, in such the case of any Bond or in this Indenture called for partial Redemption) and to institute suit for enforcement, subject to the enforcement terms of this Indenture, of any such payment, and such right shall not be impaired or affected without the consent of such Holder.

Appears in 4 contracts

Samples: Warren Resources (Warren Resources Inc), Warren Resources (Warren Resources Inc), Indenture (Warren Resources Inc)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions provision in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, (a) to receive payment of (i) the principal of and interestInterest, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or and in this Indenture or (ii) the unpaid Principal, if any, of such Bond on the Final Maturity Date and (b) to institute suit for the enforcement of any such payment, ; and such right shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (FPL Recovery Funding LLC), Indenture (Florida Power & Light Co)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, to receive payment of the principal interest and, with respect to all of and interestthe Bonds other than the Class A-IO Bonds, principal, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Indenture and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such HolderBondholder.

Appears in 2 contracts

Samples: Indenture (IMPAC CMB Trust Series 2005-5), IMPAC CMB Trust Series 2005-5

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions pro- visions in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Indenture and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Indenture (Novastar Mortgage Funding Corp), Servicing Agreement (Novastar Mortgage Funding Corp)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Indenture (or, in the case of redemption, on or after the Redemption Date) and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 2 contracts

Samples: Sequoia Residential Funding Inc, Allied Capital Corp

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UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions provision in this Indenture, the Holder of any Bond each Bondholder shall have the right, which is absolute and unconditional, unconditional right to receive payment of the principal principal, of and interest, premium (if any) and interest on its Bond, on as such Bond on or after the respective amounts become due dates thereof expressed in such Bond or in this Indenture and payable and to institute suit for the enforcement of any such that payment, and such . This right shall not be impaired without the consent of such Holderthe affected Bondholder.

Appears in 1 contract

Samples: Indenture (Istar Financial Inc)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions in this Indenture, the Holder of any Bond shall have the right, which is absolute and unconditional, to receive payment of the principal interest and, with respect to all of and interestthe Bonds other than the Class 1-A-IO Bonds, of principal, if any, on such Bond on or after the respective due dates thereof expressed in such Bond or in this Indenture and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: Servicing Agreement (Impac CMB Trust Series 2005-2, Collateralized Asset-Backed Bonds, Series 2005-2)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions provision in this Indenture, the Holder of any Bond a Bondholder shall have the right, which is absolute and unconditional, to receive payment of the principal of and interest, if any, on Bonds owned by such Bond Bondholder (subject to Section 4.01) on or after the respective due dates thereof expressed in such Bond or in this Indenture and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such HolderPayment Date.

Appears in 1 contract

Samples: Trust Indenture (BFC Finance Corp)

UNCONDITIONAL RIGHTS OF BONDHOLDERS TO RECEIVE PRINCIPAL AND INTEREST. Notwithstanding any other provisions provision in this IndentureStandard Provisions Indenture other than Section 3.07(e), the Holder of any Bond shall have the right, right which is absolute and unconditional, unconditional to receive payment of the principal of and interest, if any, interest on such Bond on or after the respective as such principal and interest becomes due dates thereof expressed in such Bond or in this Indenture and payable and to institute suit for the enforcement of any such payment, and such right shall not be impaired without the consent of such Holder.

Appears in 1 contract

Samples: CRSM Securities Inc

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